Engie Brasl Ega (OTCMKTS:EGIEY) Short Interest Down 78.8% in June

by · The Markets Daily

Engie Brasl Ega (OTCMKTS:EGIEY – Get Free Report) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totaling 23,156 shares, a drop of 78.8% from the June 15th total of 109,373 shares. Based on an average daily volume of 136,717 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Engie Brasl Ega Stock Up 0.8%

EGIEY stock traded up $0.05 during trading on Friday, hitting $6.45. 22,472 shares of the company’s stock traded hands, compared to its average volume of 62,874. The firm has a market capitalization of $7.37 billion, a P/E ratio of 15.90 and a beta of 0.31. The business has a fifty day simple moving average of $6.76 and a two-hundred day simple moving average of $6.57. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 1.92. Engie Brasl Ega has a 1 year low of $5.05 and a 1 year high of $9.50.

Engie Brasl Ega (OTCMKTS:EGIEY – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.02). The firm had revenue of $634.73 million during the quarter, compared to the consensus estimate of $590.42 million. Engie Brasl Ega had a return on equity of 19.64% and a net margin of 19.40%.

About Engie Brasl Ega

(Get Free Report)

Engie Brasil Energia SA is a leading independent power producer in Brazil, focusing on the generation, sale and commercialization of electricity. The company’s diversified portfolio includes hydroelectric plants, gas-fired and biomass-fueled thermal facilities, as well as onshore wind farms and solar installations. Through a mix of long-term power purchase agreements and spot market transactions, Engie Brasil serves both regulated and free-market customers, including industrial, commercial and residential consumers.

Beyond core electricity generation, Engie Brasil offers a suite of energy solutions and services such as plant operation and maintenance, technical consulting, and energy efficiency programs.

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